David Weekley Homes Acquires 165 Lots In Georgetown From Donald Loeb And Pete Dwyer
2451 State Highway 195
Building Size
—
Asset Type
Land
Closing
Jan 30, 2026
AI
The asset involved in this transaction is a parcel of land located at 2451 TX-195 in Georgetown, Texas. This property is part of a larger development, specifically a 314-acre master-planned community, and is linked to the sale of 165 single-family lots in the Berry Creek Highlands area. The date of the transaction is January 30, 2026.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not specified
- Buyer: David Weekley Homes
- Seller: Donald Loeb - Avanti Properties Group; Pete Dwyer - Dwyer Realty Companies
- Brokers: Mike Kennedy & Sullivan Johnston - Avison Young
- Market: Georgetown
The transaction highlights the ongoing investment by national homebuilders in the Austin-area's single-family development market, despite recent market slowdowns. Avison Young facilitated this specific sale, marking a significant step in the development of the Georgetown community.
Players
Georgetown Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93